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US blacklist on China is riddled with errors, outdated details

HONG KONG/SHENZHEN (Reuters) – Doris Au, a seller of door locks and hardware in Hong Kong for 25 years, received a letter from her bank, DBS Group, last June stating that her business account would be closed. The bank gave ...
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Asian stocks rise on signs of easing Sino-US trade tensions

By Ankur Banerjee SINGAPORE (Reuters) – Asian stock markets and U.S. futures rose on Friday as signs of possible trade talks between the U.S. and China lifted risk sentiment after lacklustre earnings from tech bellwethers Apple and Amazon fuelled worries about ...
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China ‘evaluating’ US offer to negotiate tariffs; Beijing’s door is ‘open’

BEIJING (Reuters) -Beijing is “evaluating” an offer from Washington to hold talks over U.S. President Donald Trump’s crippling tariffs, China’s Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets. The United States has approached China to ...
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Oil prices rise as China says it’s open for trade talks with US

(Reuters) – Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world’s two largest ...
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Air India sees Pakistan airspace ban costing it $600 million over 12 months, seeks aid

By Aditya Kalra, Abhijith Ganapavaram NEW DELHI (Reuters) -Air India expects to face around $600 million in additional costs if a ban from Pakistan’s airspace lasts for a year, and has asked the federal government to compensate it for the hit, a company letter seen ...
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Dollar poised for third weekly gain as tariff concerns ease

By Rocky Swift TOKYO (Reuters) -The U.S. dollar headed for a third-straight weekly gain as signs of progress in Washington’s talks with some of its trading partners and better-than-expected data eased concerns over investments in the world’s largest economy. The dollar, U.S. Treasuries and shares have ...
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Submarine designers in Connecticut say they’ll strike on May 18 if contract deal isn’t reached

GROTON, Conn. (AP) — About 2,500 workers at Electric Boat shipyard in Connecticut plan to strike on May 18 if a tentative contract agreement is not reached with the submarine builder, the union president announced during a rally Thursday. About 300 union members cheered the ...
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Spotify submits app update to Apple with external link for purchases in US

(Reuters) -Spotify said on Thursday it has submitted an app update to Apple with an external link to buy subscriptions, after a U.S. judge ruled that the iPhone maker violated the order that required it to allow greater competition for app downloads. The Swedish audio ...
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Australia’s banks face critical earnings test amid economic, political crosscurrents

By Roushni Nair (Reuters) – Australia’s biggest banks face a pivotal earnings test next week as they navigate mixed interest margin prospects in the face of looming rate cuts, persistent inflation concerns and rising mortgage stress. The results arrive after a politically-charged ...
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Luigi Mangione wants state murder case dropped, arguing double jeopardy in UnitedHealthcare killing

NEW YORK (AP) — Luigi Mangione‘s lawyers urging a judge Thursday to throw out his state murder charges in the killing of UnitedHealthcare CEO Brian Thompson, arguing that the New York case and a parallel federal death penalty prosecution amount to double jeopardy. If that ...
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Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs, research firm says

By Alessandro Parodi (Reuters) -Chinese carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed. The two brands sold 3,269 and 757 plugin-hybrid vehicles (PHEVs), respectively, in the bloc in ...
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Mexico plans gradual reduction to 40-hour work week by 2030

MEXICO CITY (Reuters) -Mexico’s government will gradually reduce the standard work week to 40 hours, Labor and Social Security Minister Marath Bolanos said on Thursday, in a move expected to take full effect by January 2030. Speaking at a Labor Day event, Bolanos said the ...
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